Shared by
MichaelBLe
Tags:
Entry: Ladder
Exit: Mechanical
6:41Am
Took this short against the market with a tight stop. FANG names are looking very weak. A gap up and filling the gap below. I'm being cautious with the market in both directions. Tight stop not risking a lot right now. Scaling into this name like before...
7:22AM
Stopped out of the short here. I'm at 2 loss in a row today. I will most likely stop trading today and watch. Market feedback telling me that it may be difficult to trade right now.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-07-20 09:40:03 | SQQQ | 1000 | $9.159 | 1000 |
| 2021-07-20 10:21:18 | SQQQ | -1000 | $8.980 | 0 |
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